When they launched I did not write a post, as I already saw what was coming. Of course the wannabe red necks that were apart of the launch on the Junior Stock Market oviously did not see it coming 🙂
But they were too educated to listen to a college grad with a BA in Economics from one of the top 25 business schools on the West Coast of the United States according to Princeton Review.
The News Feed Goes Something like this:
C2W Music Aims To Raise $140m From IPO
Published: Wednesday | December 7, 2011. Sorce: jamaica-gleaner.com
C2W places faith in royalties
By Camilo Thame Business Co-ordinator email@example.com
Sunday, April 29, 2012
C2W Music IPO Debuts May 10
Published: Wednesday | May 2, 2012. Source: jamaica-gleaner.com
C2W Music IPO Oversubscribed
Published: Thursday May 17, 2012. Source: jamaica-gleaner.com
C2W Blames Big Loss On Start-Up Hiccups
Published: Friday | August 24, 2012. Source: jamaica-gleaner.com
ITunes Caribbean Stores Set To Augment C2W Revenue
Published: Wednesday | December 19, 2012. Source: jamaica-gleaner.com
Song publisher’s cash running low
BY SHAMILLE SCOTT Business reporter firstname.lastname@example.org
Wednesday, March 27, 2013.
Song publisher C2W Music runs out of cash
Sunday, November 17, 2013. Source: jamaicaobserver.com
C2W Nearly Out Of Cash
Published: Friday | December 6, 2013. Source: jamaica-gleaner.com
C2W Music paid execs over $22 million as it went deeper into the red
Wednesday, March 19, 2014. Soucre: jamaicaobserver.com
THE POSSIBLE IMPACT ON THE JSE FOR TECH START UPS
Now having read all the newspaper articles seen above. I also saw some very eye opening comments on a few articles.
I wonder what the FSC is going to do, in order to some how respond to some of the thought provoking comments seen on these articles?
Way before this company launched. There was one like them coming and I expect is still to come. So the following post was written. Why? When the dust settles, and the real tech start ups seeks to list on the JSE. Will they have a chance?
The problem is Jamaica is a backwater banana boat republic, and as such it appears anything goes in the local business sector so as long as you know or you think you know who is who. Ching Ching.